Well Told Grants

Federal grant programs / Community Development Financial Institutions Program

Community Development Financial Institutions Program in Maine

Community Development Financial Institutions Program (21.020) awarded $7.7 million to recipients in Maine in 12 grants from fiscal 2021 to 2025, 0.9% of the program's national total. The Genesis Fund received the most, $3.7 million.

By year

Grants under this program to recipients in Maine
Fiscal yearAwardsAmount
FY 2021No awards
FY 20225$1.9 million
FY 20232$1.8 million
FY 20244$3.9 million
FY 20251$150,000

Recipients in Maine

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
The Genesis FundNonprofits3$3.7 million
Coastal Enterprises, Inc.Nonprofits2$1.6 million
Acadia Federal Credit UnionOther2$925,000
Community Credit UnionOther3$775,000
Northern Maine Development Commission, Inc.State and local governments1$500,000
Mainestream FinanceNonprofits1$150,000

Counted by the recipient's location. A recipient based in Maine may carry out the work elsewhere.

Open opportunities under this program

None is open or forecast on Grants.gov right now.

Questions people ask

How much Community Development Financial Institutions Program money goes to Maine?

$7.7 million from fiscal 2021 to 2025, across 12 awards. Maine ranks 30th of 50 states and territories for this program.

Who receives Community Development Financial Institutions Program money in Maine?

The largest recipient is The Genesis Fund, with $3.7 million in 3 awards. Next are Coastal Enterprises, Inc. and Acadia Federal Credit Union.

Can organizations in Maine apply now?

No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.

Community Development Financial Institutions Program in other states

Other large programs in Maine

All federal grants in Maine

Amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.